5534 W 42nd St SWichitaKS67215
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wichita at 5534 W 42nd St S, Wichita, KS, 67215 uses $101,406 cash to close to unlock $1,370/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $2,149/mo, and a $1,497/mo payment keeps the spread at $114/mo. Purchase price stands at $305,900, and rental yield measures 8.43% with $2,149/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $84,515 over five years. Five-year ROI reaches 110.73% and total cumulative return in cash records $112,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,149/mo property income covering a $1,497/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67215, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,546 (100%) |
| Owner Occupied HU | 2,156 (84.7%) |
| Renter Occupied HU | 320 (12.6%) |
| Vacant Housing Units | 70 ( 2.7%) |
| Median Home Value | $249,778 |
| Average Home Value | $302,774 |
Housing Distribution
Address Breakdown
Residential
2,449
Single Family
2,386
Multi-Family
63
Businesses
93
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